Halma plc (LON:HLMA)‘s stock had its “neutral” rating reaffirmed by equities researchers at J P Morgan Chase & Co in a note issued to investors on Thursday, November 2nd, MarketBeat reports. They presently have a GBX 1,055 ($13.88) target price on the stock. J P Morgan Chase & Co’s target price points to a potential downside of 16.00% from the stock’s previous close.
Several other equities research analysts also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) restated a “neutral” rating on shares of Halma plc in a research report on Friday, July 14th. Shore Capital reaffirmed a “hold” rating on shares of Halma plc in a report on Wednesday, September 27th. Credit Suisse Group reissued an “outperform” rating on shares of Halma plc in a research note on Friday, October 13th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 1,250 ($16.44) price objective on shares of Halma plc in a research note on Thursday, October 12th. Finally, Liberum Capital reissued a “sell” rating and issued a GBX 910 ($11.97) price objective on shares of Halma plc in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,113 ($14.64).
Shares of Halma plc (LON:HLMA) opened at GBX 1,257 ($16.53) on Thursday. Halma plc has a one year low of GBX 879.50 ($11.57) and a one year high of GBX 1,254 ($16.49).
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In other news, insider Tony Rice bought 9,274 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average price of GBX 1,073 ($14.11) per share, for a total transaction of £99,510.02 ($130,882.57).
About Halma plc
Halma plc is involved in the manufacture of a range of products that protect and improve the quality of life for people. The Company operates through four segments: Process Safety, Infrastructure Safety, Medical, and Environmental & Analysis. The Process Safety includes products, which protect assets and people at work, including specialized interlocks, instruments, and explosion protection and corrosion monitoring products.
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